Triconti Windkraft bags contract to build offshore wind energy projects

MANILA, Philippines — The Triconti Windkraft Group a partnership among Filipino, Swiss and German companies has secured contracts from the Department of Energy (DOE) to build offshore wind energy projects in the country.

The contracts, located in the Aparri Bay up north and in the Guimaras Strait in the central Philippines, have a combined potential output of over 1.2 gigawatt (GW).

With the DOE service contracts in hand, the Triconti Windkraft Group now holds the exclusive rights to study and develop the very first offshore wind projects in the country.

“We are excited to bring the benefits that off-shore wind power promises to the Philippines” said Stefan Simon, managing director of Switzerland-based Stream Invest Holding, a joint venture partner in Triconti Windkraft.

“With its scale and efficiencies, we believe that it offers a cost- competitive and greener alternative to conventional fuel power plants,” he said.

Triconti’s management is extremely optimistic about the country’s offshore potential in both locations.

“Guimaras Strait and Aparri Bay showcase excellent, consistent wind speeds and are very accessible from the foreshore in terms of grid connectivity and maintenance,” Triconti Windkraft president Lila Rosenberger said.

“With the quickly evolving wind turbine and off-shore technology, it is quite realistic to expect that these projects can bring more than 1.2 GW of much needed clean and affordable power into the market,” she said.

The offshore wind contracts are on top of the 500-megawatt (MW) onshore wind farms Triconti Windkraft is currently working on in the country.

The projects are in different stages of pre-development – with the first project in Nabas, Aklan slated to come online by 2022.